Construction of Living’s 1st Residential Project in Buda Begins

Residential

Living, Wing’s umbrella brand specializing in residential properties, is launching its first residential park project in Budapest's District XIII, on Pünkösdfürdő utca, close to the popular Római part section of the Danube bank, according to a press release sent to the Budapest Business Journal.

Római Park will have 257 units with efficiently designed floor plans and lots of natural light. Sizes will vary from 28-39 sqm practical studio apartments to grand, 81-105 sqm, four-bedroom flats, all with a special focus on sustainability. Sales are expected to start in December 2022, and the residential park is scheduled to be completed in the second half of 2024.

The building will include various environmentally friendly aspects. The units will be energy-efficient, with an AA+ energy rating thanks to a cutting-edge heat pump system using only renewable energy and an exceptionally thick, 14 cm layer of insulation.

In addition, ceiling heating and cooling panels will provide thermal comfort. Triple-glazed plastic-framed doors and windows will be installed for more effective heat and sound insulation, which will lead to lower utility costs for residents.

“Living has been offering energy efficient, newly built homes with community services in District XIII. Its first residential park in Buda, Római Park, is near the river Danube, and is an excellent choice for families as there is a playground, a kindergarten, and several schools nearby. In the design phase, we put special emphasis on sustainability and cost efficiency, and we will, of course, provide unique services to the building’s residents," says János Martin, Wing's deputy CEO and Living's director of residential development.

We will do this through our professional service company, LIVING Service: its services range from tasks related to the property to community services offered in our residential parks and tailored smart home functions,” he adds.

ADVERTISEMENT

Avg Compulsory Vehicle Insurance Premium up 5% Figures

Avg Compulsory Vehicle Insurance Premium up 5%

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

4iG, Rheinmetall Establish IT JV Deals

4iG, Rheinmetall Establish IT JV

24th FIABCI Hungarian Prix d’Excellence Held Awards

24th FIABCI Hungarian Prix d’Excellence Held

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.